The National Association of Manufacturers shared the results of a survey with their members about the impact of the COVID-19 outbreak. The survey was open from Feb. 28 to March 9, with 558 respondents.
“Already, manufacturers are grappling with disruptions to their businesses due to the COVID-19 outbreak, with many anticipating financial and operational consequences — even before some of the developments of this week. The federal government can take steps to further equip manufacturers to deal with COVID-19 by implementing the NAM’s ‘COVID-19 Policy Action Plan Recommendations.” – NAM President and CEO Jay Timmons
78.3% of respondents said they anticipate a financial impact.
53.1% of respondents anticipate a change in operations, and 35.5% said they are facing supply chain disruptions.
Learn more at https://www.nam.org/coronasurvey
Click here to read The State of the Market 2020
The State of the Market 2020